Canada Revenue Agency (CRA) Tax Credits 

Did you know that CRA  offers two tax credits for parents of Gymnastics students?

Children's Fitness Tax Credit

The Government of Canada proposes to allow, starting in 2007, a non-refundable tax credit on eligible amounts of up to $500 paid by parents to register a child in an eligible program of physical activity.

 Here is the link to the details on the CRA Children's Fitness Tax Credit.

Child Care Expenses

You can claim child care expenses on your income tax return if your child is cared for at home or in nursery school, daycare, day camps, boarding schools, and sports schools. Day Camp programs are eligible for this deduction.

Here is the link to the CRA tax tip on claiming Child Care Expenses for Day Camps.